Economist Warns of Historic Market Crash as Crypto Emerges as Safe Haven
Economist Harry Dent warns of an unprecedented financial bubble across equities, bonds, and real estate—one he claims will dwarf the 2008 crisis. Governments' money printing to mask economic damage has inflated what Dent calls a "17-year super bubble," setting the stage for a collapse worse than the Great Depression.
While the S&P 500 faltered, Bitcoin surged 12% this week—a divergence Dent interprets as institutional recognition of crypto as the "new economy." The outperformance against gold (-2%) marks the first simultaneous victory over both traditional safe havens.
Pepeto’s $7.9M raise and stress-tested exchange signals institutional positioning. The project—led by a Pepe cofounder and advised by a former Binance executive—embodies the flight from traditional markets plagued by inflation fears and war spending.